The global paints and coatings market is expected to grow at a CAGR of 4.10% during the forecast period 2022-2028. The growth of the market is attributed to the rising demand for paints and coatings in various end-use industries, such as construction, automotive, and industrial.
Construction is one of the major end-use industries for paints and coatings. The increasing demand for new construction projects and the need to renovate existing buildings are driving the growth of the paints and coatings market in the construction industry.
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